Hashim Sujono Djojohadikusumo (born 5 June 1953) is an Indonesian entrepreneur and politician who is the younger brother of Indonesian president

Prabowo Subianto Prabowo Subianto Djojohadikusumo (born 17 October 1951) is an Indonesian politician, businessman, and former four-star Indonesian Army, army general who is serving as the eighth and current president of Indonesia since 2024. He was previously t ...

. In 2014, he was considered a billionaire. As of December 2020, Forbes estimates his net worth at $800 million. Hashim studied in Europe from primary school to high school, before continuing his higher education at

Pomona College Pomona College ( ) is a private university, private Liberal arts colleges in the United States, liberal arts college in Claremont, California. It was established in 1887 by a group of Congregationalism in the United States, Congregationalists ...

, where he majored in political science and economics.

Early life and education

Born in

Jakarta Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

on 5 June 1953 and hails from a distinguished family, he is the youngest son of Sumitro Djojohadikusumo, an ethnic Javanese from Kebumen,

Central Java Central Java (, ) is a Provinces of Indonesia, province of Indonesia, located in the middle of the island of Java. Its administrative capital is Semarang. It is bordered by West Java in the west, the Indian Ocean and the Special Region of Yogya ...

, the architect of the economic plan for the New Order era and Dora Marie Sigar, a Protestant Christian of Minahasan descent, who originated from the Maengkom family in Langowan,

North Sulawesi North Sulawesi () is a Provinces of Indonesia, province of Indonesia. It is mainly located on the Minahasa Peninsula of the island of Sulawesi, south of the Philippines and southeast of Sabah, Malaysia, but also includes various small archipel ...

. His grandfather was one of the founders of

Bank Negara Indonesia Bank Negara Indonesia ( 'State Bank of Indonesia', formerly Bank Negara Indonesia 1946, 'State Bank of Indonesia 1946') is an Indonesian state-owned bank. It has branches primarily in Indonesia, but it can also found in Seoul, Singapore, Hong Ko ...

, Margono Djojohadikusumo. Hashim Djojohadikusumo is the younger brother of

. Hashim studied in Europe from primary school to high school, before continuing his higher education at

, where he majored in political science and economics.

Business career

In the beginning, Hashim Djojohadikusumo interned in a French investment bank as a financial analyst. He then continued his path towards the business world in becoming the director of Indo Consulting. Due to his rising development in the industry and business aspect, he then took acquisition of PT. Semen Cibinong through his company, PT. Tirta Mas. After that, he started investing his shares in Bank Niaga and Bank Kredit Asia and became a conglomerate. The

1997 Asian financial crisis The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide eco ...

led to Hashim's stay in London for 9 years to be able to focus on his business. It was during that time his business progressed and spread. His successes led him back to Indonesia to save his brother's business, Kiani Kertas that was wrapped in a Rp. 1.9 Trillion debt with

Bank Mandiri PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of 2022, were 1.992 Trillion rupiah (around US$133 Billion). As of 2022, Bank Man ...

. Up to this day, Prabowo's company is owned by Hashim. After successfully saving Prabowo's company, Hashim Djojohadikusumo also achieved control over the concession of forestry land, around , in Central Aceh. The concession pushed him to expand his business to reach of plantations, forest concessions, coal mines, and oil & gas fields ranging from

Aceh Aceh ( , ; , Jawi script, Jawoë: ; Van Ophuijsen Spelling System, Old Spelling: ''Atjeh'') is the westernmost Provinces of Indonesia, province of Indonesia. It is located on the northern end of Sumatra island, with Banda Aceh being its capit ...

to Papua. As of 2014, he was considered a billionaire. As of December 2019, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' estimates his net worth at $800 million, making him one of Indonesia's 50 wealthiest individuals.

Philanthropy

Hashim has devoted the past twenty years to a variety of pressing social issues in Indonesia. He is the founder of the Arsari Djojohadikusumo Foundation, which was established in honor of his late father, Professor Sumitro Djojohadikusumo, a former Indonesian economist considered the architect of the country's modern economy. The Foundation funded The Sumitro Djojohadikusumo Center for Emerging Economies in Southeast Asia (SDCEESEA) at the

Center for Strategic and International Studies The Center for Strategic and International Studies (CSIS) is an American think tank based in Washington, D.C. From its founding in 1962 until 1987, it was an affiliate of Georgetown University, initially named the Center for Strategic and Inte ...

. The SDCEESEA conducts research on U.S.-Indonesia relations and Southeast Asia. It includes a proactive program to promote deeper understanding and closer relations between the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

and

Southeast Asia Southeast Asia is the geographical United Nations geoscheme for Asia#South-eastern Asia, southeastern region of Asia, consisting of the regions that are situated south of China, east of the Indian subcontinent, and northwest of the Mainland Au ...

. The Arsari Foundation has been collaborating with the

Gadjah Mada University Gadjah Mada University (; , abbreviated as UGM) is a public research university located in Sleman, Special Region of Yogyakarta, Indonesia. Officially founded on 19 December 1949, Gadjah Mada University is one of the oldest and largest institut ...

since 2007. In 2018 the foundation announced it would provide scholarships to students and lecturers in order to help the university advance the preservation of

Javanese culture Javanese culture () is the culture of the Javanese people. Javanese culture is centered in the provinces of Central Java, Yogyakarta and East Java in Indonesia. Due to various migrations, it can also be found in other parts of the world, such as ...

. Hashim was listed as a Hero of Philanthropy by Forbes Asia in 2011 due to his foundation's ongoing contribution to the preservation of Indonesian heritage. Other notable achievements include: the backing of programs to save the

orangutan Orangutans are great apes native to the rainforests of Indonesia and Malaysia. They are now found only in parts of Borneo and Sumatra, but during the Pleistocene they ranged throughout Southeast Asia and South China. Classified in the genus ...

and honey bears of

Kalimantan Kalimantan (; ) is the Indonesian portion of the island of Borneo. It constitutes 73% of the island's area, and consists of the provinces of Central Kalimantan, East Kalimantan, North Kalimantan, South Kalimantan, and West Kalimantan. The non-Ind ...

(

Borneo Borneo () is the List of islands by area, third-largest island in the world, with an area of , and population of 23,053,723 (2020 national censuses). Situated at the geographic centre of Maritime Southeast Asia, it is one of the Greater Sunda ...

), and the welfare of the wild elephant population of

Sumatra Sumatra () is one of the Sunda Islands of western Indonesia. It is the largest island that is fully within Indonesian territory, as well as the list of islands by area, sixth-largest island in the world at 482,286.55 km2 (182,812 mi. ...

. He is a board member of the Institute for the Preservation of the Indonesian Heritage () and the Indonesian Shadow Puppeteers Association (PEPADI). He becomes the chairman for Indonesian Chess Association (Percasi) in 2010. Hashim's other interests include equestrian sports, and he is a founding member of the polo association in Indonesia.

Columnist

Since early 2014, Hashim has been selected to write an occasional column for the

Huffington Post ''HuffPost'' (''The Huffington Post'' until 2017, itself often abbreviated as ''HPo'') is an American progressive news website, with localized and international editions. The site offers news, satire, blogs, and original content, and covers ...

Controversies

Hashim Djojohadikusumo has been linked to various controversies. In 2002, Hashim Djojohadikusumo was arrested after, allegedly, misusing funds for bailing out collapsed and failed banks, including Hashim's banks, in the BLBI (Liquidity Assistance of Bank of Indonesia). Hashim Djojohadikusumo is the subject of a tax dispute in Geneva. The tax authorities ask him to pay a tax debt of CHF131 million, which has not yet been paid. Hashim Djojohadikusumo claims that he bankrupted himself by financing the political campaigns of his brother, Prabowo Subianto.

Personal life

Hashim is married to Anie Hashim Djojohadikusumo, with whom he has 3 children: Aryo Puspito Setyaki Djojohadikusumo, Rahayu Saraswati Dhirakanya Djojohadikusumo, and Siti Indrawati Djojohadikusumo. Hashim is a convert to Christianity.

References

{{DEFAULTSORT:Djojohadikusumo, Hashim 1953 births Living people Minahasa people Javanese people Indonesian billionaires

Hashim Hashim () is a common male Arabic given name. Notable people with the name include: *Hashim ibn Abd Manaf * Hashim Amir Ali * Hashim Shah * Hashim Amla * Hashim Thaçi * Hashim Khan * Hashim Qureshi * Mir Hashim Ali Khan *Hashim al-Atassi * Hashi ...

Pomona College alumni Claremont Graduate University alumni Indonesian Christians Converts to Christianity from Sunni Islam Indonesian former Sunni Muslims